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Chehalem Business Connection
October 2013
Page 2
P.O. Box 700 • 500 E. Hancock Street
Phone 503-538-2181• Fax 503-538-1632
Chehalem Business CONNECTION
The Chehalem Business Connection, a publication that connects the residents with the business
community, is published monthly by The Newberg Graphic. Some of the articles are repeated from
the weekly business pages of the newspaper and some are contributed by the advertisers.
For more information about how you can participate in this publication, contact the CBC
advertising team. Call 503-538-2181 or email: Paula Becker - pbecker@ newberggraphic.com,
or Allen Herriges -
.
myFirstccu.org
BUSINESS
LOANS
Federally insured by NCUA.
115 N Howard St | Newberg | 503.538.4620
First Community has been happily serving people like you, for over
55 years by providing a ordable personalized services you want and
need. We believe the people of our community are our business. So
we do what it takes to make every dollar you work hard to earn,
work hard for you by o ering low rates and eliminating unnecessary
fees, like prepayment penalties.
A er 55 years of helping people realize their dreams, we can help
your business too. Call today and talk with a local business lending
expert.
440148.083113
S
ome sellers may balk at the
idea of renovating their homes
before selling it, thinking that it
may cost them a great deal of money
without providing enough return during
the resale. However, making some up-
grades is common when selling a home
and there are several types of improve-
ments owners can make that won’t dent
their wallets.
Many buyers pay close attention to
the type of features and fixtures in a
home and often opt for properties with
newer and more energy-efficient prod-
ucts. These types of features can keep
energy bills low and help owners man-
age their new homeowner costs. In ad-
dition, existing owners who purchase
these types of materials may save
money on their own energy bills during
the selling process and earn tax benefits
after the purchase.
Put in a new furnace
Home heating costs can be imposing
and replacing old or damaged furnaces
can be pricey. However, new, energy-
efficient furnaces are becoming increas-
ingly popular and more affordable, ac-
cording to Fox Business. Energy Star
furnaces add 16 percent more efficiency
than traditional furnaces and can save
owners up to $96 per year in costs, the
news source explains.
New furnaces can cost homeowners
between $5,000 and $8,000, Fox Busi-
ness reported. However, additional sav-
ings can be found by shopping around
and getting quotes from different
providers. Further, many may offer dis-
counts for military service and other
scenarios to help ease some of the
costs.
While upgrading to a new efficient
furnace is unlikely to add more value to
the home itself, it may appeal to more
buyers who are interested in keeping
bills low. Many buyers may request that
an older furnace be replaced anyway
before agreeing to a home sale, so pur-
chasing a new one before putting the
home on the market can make the sell-
ing process go more quickly.
Replace features
Energy-efficient window replace-
ments can also make a difference in at-
tracting buyers and lowering utility
bills. Windows are the first place many
homeowners and energy auditors exam-
ine for leaks and cracks that can lead to
higher energy bills. Replacing windows
can run into the thousands, depending
on the type and number of windows in
the home.
Consumers who are updating their
kitchens should also consider buying a
new energy-efficient refrigerator, which
can lead to a savings of hundreds of
dollars over the life of the product. In
addition, newer refrigerators can make
a kitchen look more modern during
home showings, which may help indi-
viduals sell their homes more quickly
From coldwellbanker.com
Money-saving energy
upgrades appeal to buyers
